ONDO.L vs. NEAR-USD
ONDO.L (Ondo InsurTech plc) is a stock, while NEAR-USD (NEAR Protocol) is a cryptocurrency. Over the past 3 years, ONDO.L returned -46.37%/yr vs 6.59%/yr for NEAR-USD. At a correlation of -0.05, they often move in opposite directions.
Performance
ONDO.L vs. NEAR-USD - Performance Comparison
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Different Trading Currencies
ONDO.L is traded in GBp, while NEAR-USD is traded in USD. To make them comparable, the NEAR-USD values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ONDO.L achieves a -84.37% return, which is significantly lower than NEAR-USD's 33.36% return.
ONDO.L
- 1D
- -2.86%
- 1M
- -9.33%
- YTD
- -84.37%
- 6M
- -85.53%
- 1Y
- -85.22%
- 3Y*
- -46.37%
- 5Y*
- —
- 10Y*
- —
NEAR-USD
- 1D
- -8.67%
- 1M
- 36.62%
- YTD
- 33.36%
- 6M
- 18.53%
- 1Y
- -9.70%
- 3Y*
- 6.59%
- 5Y*
- -7.77%
- 10Y*
- —
ONDO.L vs. NEAR-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ONDO.L Ondo InsurTech plc | -84.37% | -45.62% | 72.90% | 246.67% | -32.50% |
NEAR-USD NEAR Protocol | 33.36% | -71.33% | 37.44% | 169.74% | -87.24% |
Correlation
The correlation between ONDO.L and NEAR-USD is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2022 | -0.05 |
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Return for Risk
ONDO.L vs. NEAR-USD — Risk / Return Rank
ONDO.L
NEAR-USD
ONDO.L vs. NEAR-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ondo InsurTech plc (ONDO.L) and NEAR Protocol (NEAR-USD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ONDO.L | NEAR-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 0.68 | 1.06 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | -0.14 | -0.80 |
| Martin ratioReturn relative to average drawdown | -1.94 | -0.24 | -1.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ONDO.L | NEAR-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.94 | -0.10 | -0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.07 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.26 | 0.08 | -0.34 |
Drawdowns
ONDO.L vs. NEAR-USD - Drawdown Comparison
The maximum ONDO.L drawdown since its inception was -92.06%, roughly equal to the maximum NEAR-USD drawdown of -95.23%. Use the drawdown chart below to compare losses from any high point for ONDO.L and NEAR-USD.
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Drawdown Indicators
| ONDO.L | NEAR-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.06% | -95.23% | +3.17% |
Max Drawdown (1Y)Largest decline over 1 year | -90.74% | -69.91% | -20.83% |
Max Drawdown (3Y)Largest decline over 3 years | -92.06% | -89.85% | -2.21% |
Max Drawdown (5Y)Largest decline over 5 years | — | -95.23% | — |
Current DrawdownCurrent decline from peak | -91.67% | -89.87% | -1.80% |
Average DrawdownAverage peak-to-trough decline | -35.14% | -67.89% | +32.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.04% | 48.37% | -4.33% |
Volatility
ONDO.L vs. NEAR-USD - Volatility Comparison
The current volatility for Ondo InsurTech plc (ONDO.L) is 32.66%, while NEAR Protocol (NEAR-USD) has a volatility of 42.37%. This indicates that ONDO.L experiences smaller price fluctuations and is considered to be less risky than NEAR-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ONDO.L | NEAR-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.66% | 42.37% | -9.71% |
Volatility (6M)Calculated over the trailing 6-month period | 113.29% | 67.18% | +46.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 90.66% | 82.08% | +8.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 92.98% | 92.11% | +0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.98% | 98.87% | -5.89% |
Frequently Asked Questions
ONDO.L and NEAR-USD have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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